News

UAE Starts Relying On Emirates ID As Proof Of Residency

Both citizens and residents can look forward to a number of benefits, including easier access to government services, less time spent at airports, and more.

Published

4 years ago

April 19, 2022

David Morelo

uae starts relying on emirates id as proof of residency

UAE ICP

From April 11, the United Arab Emirates (UAE) has started relying on Emirates ID as proof of residency, suspending the issuance of residence visa stamps.

Emirates ID is a smart identity card issued by Federal Authority for Identity and Citizenship. All UAE citizens and residents must apply for it by filling the eForm at one of the authorized typing centers or through the online form available on website of Federal Authority for Identity and Citizenship (FAIC).

Each Emirates ID has an electronic chip that can store up to 32,000 letters of information. The stored information can be encrypted in order to protect the privacy of card holders and prevent unauthorized third-parties from stealing it for malicious purposes.

By switching to a modern smart identity card, the UAE is taking yet another step on its smart-city journey. Both citizens and residents can look forward to a number of benefits, including easier access to government services, less time spent at airports, and more.

Those who have registered for smart gates at airports in the UAE can pass through them by simply looking at the green light on top of the camera to verify the biometric information contained within the Emirates ID chip.

Also Read: How To Change The Mobile Number On Your Emirates ID

The replacement of residence vista stamps by Emirates ID has been made possible by the last update of the advanced card, which was introduced in August 2021 by the Federal Authority for Identity and Citizenship (ICA).

The update added several new features, including a laser-printed 3D picture, additional fields and codes definition, advanced technical characteristics, and increased data protection. The latest generation of Emirates ID cards is made using polycarbonate that should last more than 10 years and survive countless washing machine accidents and other horrors that cards typically go through.

News

Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE

Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.

Published

4 days ago

February 13, 2026

Nour Nasir

dirham-backed stablecoin ddsc enters live phase in uae

The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.

The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.

DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.

The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.

“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.

Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE

FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.

The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.